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(ARENM) Amara Raja complete technical analysis [charts+indicators] | Buy/Sell Amara Raja | (ARENM) share price targets

Complete technical analysis of Amara Raja (ARENM) by charts plus indicators, forecast predictions and share price targets for Amara Raja (ARENM)

Showing technical analysis as on 2024-09-25 View latest technical analysis

10 day averaged volume of Amara Raja is 393462

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	1365.50	1371.15	1395.00	1353.00	0.969 times
24 Tue Sep 2024	1364.00	1388.80	1388.80	1361.50	1.004 times
23 Mon Sep 2024	1375.20	1401.00	1413.10	1372.65	1.233 times
20 Fri Sep 2024	1381.10	1373.40	1408.00	1362.05	1.258 times
19 Thu Sep 2024	1373.40	1392.95	1406.60	1340.00	1.375 times
18 Wed Sep 2024	1391.75	1400.00	1411.70	1378.35	0.723 times
17 Tue Sep 2024	1400.00	1405.15	1420.00	1397.00	0.647 times
16 Mon Sep 2024	1405.15	1430.10	1434.00	1397.30	0.796 times
13 Fri Sep 2024	1410.55	1405.00	1440.20	1404.80	0.901 times
12 Thu Sep 2024	1402.45	1400.00	1415.00	1389.00	1.239 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1373.6, but if it comes above 1373.6, then a intra day buy could be more profitable.
If you take a sell trade below 1373.6, then use 1373.6 as stoploss and 1311.2 as target. However if you take a buy trade in stock , then use 1373.6 as stoploss and 1425.61 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1278.00
Downside Target	1340.00
Upside Target	1383.25
Upside Target	1458.55
Upside Target	1508.25
Upside Target	1530.00
Upside Target	1610.00
Upside Target	1666.00
Upside Target	1745.00
Upside Target	1775.95

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1341.3
Downside Intraday Target	1317.1
Upside Intraday Target	1401.4
Upside Intraday Target	1437.3
Upside Intraday Target	1377.2

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	1365.50	1401.00	1413.10	1353.00	0.668 times
20 Fri Sep 2024	1381.10	1430.10	1434.00	1340.00	0.936 times
13 Fri Sep 2024	1410.55	1417.65	1453.00	1383.25	0.582 times
06 Fri Sep 2024	1417.65	1528.25	1530.00	1412.60	1.338 times
30 Fri Aug 2024	1521.25	1536.80	1610.00	1508.25	1.392 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Amara Raja (ARENM)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	1365.50	1528.25	1530.00	1340.00	0.555 times
30 Fri Aug 2024	1521.25	1650.70	1666.00	1458.55	0.645 times
31 Wed Jul 2024	1626.30	1660.00	1745.00	1404.00	0.239 times
28 Fri Jun 2024	1663.15	1250.00	1775.95	1000.00	2.8 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Amara Raja (ARENM)

Price action analysis of Amara Raja ( (ARENM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Amara Raja ( (ARENM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Amara Raja ( (ARENM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Amara Raja ( (ARENM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Amara Raja stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Amara Raja in short term and the sell signal is strong.

Amara Raja Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Amara Raja in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Amara Raja is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1385.23 and Amara Raja (ARENM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Amara Raja (ARENM) stock. Volume based technical analysis of Amara Raja (ARENM) stock is negative.

Amara Raja Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.